For Sale
$1,300,000

3301 Alta Arden ExpySacramento, CA 95825

Sacramento medical office, 8,162 SF, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 8,162-square-foot medical office building in Sacramento, California, presents a compelling investment opportunity. Located at 3301 Alta Arden Expressway, this single-story, 100% occupied property boasts a strong 6.26% cap rate and is priced at $1,300,000 ($159.27/SF). Built in 1961, the building sits on a 0.86-acre lot and features multiple tenants with month-to-month or short-term leases, offering immediate value-add potential through lease extensions and rent increases. Its prime location, just one block from the 287-bed Kaiser Permanente Sacramento Medical Center, provides exceptional visibility and access to a large patient base. The surrounding area is densely populated, with over 138,000 residents within a three-mile radius. This property is ideally suited for an owner-user seeking to occupy all or a portion of the building, or for an investor looking to capitalize on the under-market rents and enhance the property's value through strategic improvements. The property's APN is 279-0225-006, 279-0225-005, 279-0225-004 and 279-0225-003. This is a rare chance to acquire a well-located medical office building significantly below replacement cost in a thriving medical community.

Highlights

  • 8,162 SF medical office building in Sacramento, CA, offering immediate value-add potential through lease extensions and rent increases.
  • Located one block from the 287-bed Kaiser Permanente Sacramento Medical Center.
  • Ideal owner-user opportunity.
  • Well-located medical office building (MOB) priced significantly below replacement cost, allowing for rent improvement via capital improvements.
  • Centrally located in a high-traffic, densely populated area with over 138,000 residents within a three-mile radius.

Property Details for 3301 Alta Arden Expy

Property type
Office properties, Medical offices
Square Feet
8,162 SF
Year Built
1961
Stories
1
Lot Size (sq. ft)
37,462 SF

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5992358
Longitude
-121.3873131
3301 Alta Arden Expy, Sacramento, California

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3301 Alta Arden Expy
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